Apple’s India exports to emerge unscathed from Trump tariffs

Apple Inc.’s iPhone exports to the US from India will remain untouched by President Donald Trump’s latest 25% tariffs on the South Asian nation, for now.

The Trump administration in April exempted smartphones, computers, and other electronics from reciprocal tariffs, in a major reprieve to companies such as Apple and Nvidia Corp. Most of these electronic devices aren’t made in the US.

India currently accounts for more than a fifth of global iPhone production and has already surpassed China to become the top supplier of the device to the US market.

Read more

You may also like

Comments are closed.

More in Newspapers